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USDA’s Economic Research Service (ERS) estimates total food expenditures for all food consumed in the United States was $1.18 trillion in 2009. Food purchased for home consumption accounted for $607 billion or 51.4 percent of the total. According to the ERS, spending on food away from home in 2009 was 48.6 percent or $574.5 billion. Restaurants, both full-service and fast food, account for about 78 percent of all food-away-from-home sales. According to the National Restaurant Association, U.S. adults purchase a restaurant snack or meal 5.8 times per week. The United States has 945,000 restaurants and foodservice outlets. ...
Everyone is under the impression that the shift to multi-play services is going to solve operators’ problems but that isn’t really the case. According to some recent data from Pyramid Research, triple-play bundles may not help telcos. Yes, multi-play services have made things more competitive for everyone involved, but there is still a lot to say about how effective they are when operators don’t have that much control over what each viewer is seeing on their screen. A new clip on Telecom TV called Prosumer or Consumer? highlights the fact that we need to start looking at ... Read More
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